GAIN Capital has just announced that it is launching a CFD platform called TRADE. The platform offers fixed spreads for commodity, index, and Forex products. To court new users, the platform contains a a feature called Market DNA to allow users to find trades without the need of previous charting or technical analysis knowledge. For more experienced users, the system’s drag and drop Strategy Builder can be used to develop trading strategies.
The launch of the new platform is the first major product release since the arrival of Muhammad Rasoul as CPO who told Forex Magnates back in August about the upcoming new platform and said at the time “We have a new CFD offering launching in the 3rd quarter that will introduce a new platform as well as increase the number of CFD’s we offer from a few dozen to several hundred.”
TRADE Platform from FOREX.COM
FOREX.com launches new CFD platform: TRADE -- Hundreds of fx, index and commodity markets -- Tight fixed spreads on all markets, at all times -- Innovative tools facilitate technical trading and strategy building LONDON, NEW YORK, and HONG KONG, Oct. 23, 2012 /PRNewswire/ -- FOREX.com, the retail division ofGAIN Capital (GAIN Capital Holdings, Inc. NYSE: GCAP), today announces the launch of its new CFD platform: TRADE. TRADE offers access to hundreds of forex, commodity and index markets, all with permanently fixed spreads and instant trade execution at the screen price, delivering absolute price certainty for traders in all market conditions. TRADE also features innovative, easy to use tools such as Market DNA, which revolutionises technical trading by helping traders find new opportunities without any charting expertise; and a drag-and-drop Strategy Builderto develop sophisticated trading strategies with no coding required. "TRADE represents a new approach for FOREX.com in servicing traders who want improved access to the trading opportunities of a wide range of global markets. This launch is an exciting first step in a program to deliver a world-class FX and CFD trading experience that will include multiple new asset classes, unique ways to trade these markets, and innovative ways to engage with the wider trading community through social and community tools," said Glenn Stevens, chief executive officer, GAIN Capital. Lex Webster, head of retail product development, added "TRADE is all about bringing competitive, transparent pricing together with innovative tools and information that will help clients identify new trading opportunities. We believe that what retail traders want is certainty and transparency, so that's exactly what TRADE offers - permanently fixed spreads with no small print." "TRADE offers everything retail traders expect from a Trading Platform ; speed, stability, multiple order types and a wide range of markets. Plus flexible leverage up to 400:1 and, for those new to trading, minimum trade sizes from just 10p per point provides a low risk way to get started." TRADE is available as a browser based platform accessible from PC, Mac, smartphones and tablets, and as iPhone and Android apps. Preview TRADE here: https://previewtrade.forex.com Foreign exchange and other leveraged products involve significant risk of loss and are not suitable for all investors. Increasing leverage increases risk. Before deciding to trade foreign exchange and other leveraged products, you should carefully consider your financial objectives, level of experience and risk appetite. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. The opinions and information in this report are for general information use and are not intended as an offer or solicitation to any product offered. About GAIN Capital GAIN Capital Holdings, Inc. (NYSE:GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors. Through our retail brand, FOREX.com, we provide retail traders around the world with access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices. . GAIN Capital also operates GTX, a fully independent FX ECN for hedge funds and institutions; Open eCry (OEC), an innovative online futures broker; and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer. GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; Beijing and Seoul.
